China has the death penalty for many crimes, including tax evasion. This seems to be an appropriate sentence on those levels.
Hopefully there will be people left to run the country after their property and construction bubble pops.
Here are a list of financial crimes punishable by death, per Wikipedia (hope this is a reliable source since there seems to be a debate above!)
* 12. Whoever, for the purpose of illegal possession, unlawfully raises funds by means of fraud
* 13. Whoever commits fraud by means of financial bills in any of the following ways:
o (1) knowingly using forged or altered bills of exchange, promissory notes or cheques;
o (2) knowingly using invalidated bills of exchange, promissory notes or cheques;
o (3) illegally using another's bills of exchange, promissory notes or cheques;
o (4) signing and issuing a rubber cheque or a cheque, on which the seal is not in conformity with the reserved specimen seal, in order to defraud money or property; or
o (5) signing or issuing bills of exchange or promissory notes without funds as a guaranty, in the capacity of a drawer, falsely specifying the particulars thereon at the time of issue, in order to defraud money or property.
* 14. Whoever commits fraud by means of a letter of credit in any of the following ways:
o (1) using a forged or altered letter of credit or any of its attached bills or documents;
o (2) using an invalidated letter of credit;
o (3) fraudulently obtaining a letter of credit; or
o (4) in any other ways.
... AND if the amount involved is especially huge, and especially heavy losses are caused to the interests of the State and the people.
* 15. Whoever falsely makes out special invoices for value-added tax or any other invoices to defraud a tax refund for exports or to offset tax money if the amount involved is especially huge, and the circumstances are especially serious, thus causing especially heavy losses to the interests of the State.
* 16. Whoever forges or sells forged special invoices for value-added tax shall, if the number involved is especially huge, and the circumstances are especially serious so that economic order is seriously disrupted.
Hopefully there will be people left to run the country after their property and construction bubble pops.
Here are a list of financial crimes punishable by death, per Wikipedia (hope this is a reliable source since there seems to be a debate above!)
... AND if the amount involved is especially huge, and especially heavy losses are caused to the interests of the State and the people.